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A company has Total Assets of $100m, no debt, and EPS of $21. The company uses its cash reserves of $25m to buy back 1/4
A company has Total Assets of $100m, no debt, and EPS of $21. The company uses its cash reserves of $25m to buy back 1/4 of its own shares. If in the following year the company makes the same Net Income as the year before, what would be the trailing EPS for that year? $5.25/share $28/share 28 x 5.25% OK I'll cor
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